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Vltava Wants Berkshire (BRK-A)’s Share Price to Remain as Low as Possible for as Long as Possible
Vltava Fund, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. Vltava Fund’s NAV jumped over the next 365 days (23 March 2020 – 23 March 2021) almost by 90%. The Vltava Fund portfolio as a whole had a P/E of 12.7 at the end of March, ROE (return on equity) of 20%, and dividend yield adjusted for share buybacks of 3.7%. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Vltava Fund, in their Q1 2021 investor letter, mentioned Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A) and shared their insights on the company. Berkshire Hathaway Inc. is an Omaha, Nebraska-based multinational conglomerate company that currently has a $611 billion market capitalization. Since the beginning of the year, BRK-A delivered a 15.00% return, extending its 12-month gains to 37.69%. As of
Kraft Heinz âMayochupâ dispute revived by U.S. appeals court By Syndicated Content
By Jonathan Stempel
(Reuters) - A U.S. appeals court said a man who created a mayonnaise-ketchup blend he called Metchup cannot sue Kraft Heinz Co for selling a similar condiment called Mayochup, but ordered reconsideration of whether to cancel his trademark registration.
The 5th U.S. Circuit Court of Appeals said there was little chance consumers would confuse Mayochup, sold in groceries nationwide under the Heinz brand, with Metchup, sold in the lobby of Dennis Perry s nine-room Star Motel in Lacombe, Louisiana, next to his used-car lot.
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Berkshire Hathaway sold 160 billion yen ($1.5 billion) of notes in a three-part deal.
By Finbarr Flynn and Ayai Tomisawa, Bloomberg
8 Apr 2021 09:28
Image: Kiyoshi Ota/Bloomberg
Warren Buffettâs Berkshire Hathaway Inc. priced yen-denominated bonds on Thursday, as yield premiums in the Japanese market have tightened to the least in over two years.
Berkshire Hathaway sold 160 billion yen ($1.5 billion) of notes in a three-part deal. Average spreads on local Japanese corporate bonds have fallen to about 29 basis points, the least since December 2018, after the Bank of Japan adjusted its monetary policy to enable it to continue with easing over the long run.
by Tyler Durden
Thursday, Apr 08, 2021 - 07:50 AM
European stocks hit a new record highs on Thursday, buoyed by optimism in Britain over easing lockdown restrictions, while the benign outlook on US interest rates revealed in the latest FOMC Minutes where the Fed indicated it will maintain its commitment to supportive policy, helped push S&P futures to new all time highs after the cash index closed at a record on Wednesday. Treasury yields dropped, the dollar slipped and crude oil fell as the pandemic worsened in key regions just as OPEC+ prepares to add supply over the coming months.
At 7:30 a.m. EDT, Dow E-minis were flat, S&P 500 stock futures up 13.75 points or 0.34% and Nasdaq 100 E-minis were up 122 points, or 0.89%. The S&P 500 and the Dow ended a choppy session near record highs on Wednesday, while the tech-heavy Nasdaq is still more than 3% below its February all-time high.